The Neoclassical Theory of Production and Distribution by C E Ferguson

The Neoclassical Theory of Production and Distribution by C E Ferguson

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Summary

The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations.

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The Neoclassical Theory of Production and Distribution by C E Ferguson

The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations. The book has two distinct parts. In Part I the microeconomic theories of production, cost and derived input demand are explored in depth for both fixed-proportions and variable-proportions production functions. Special emphasis is placed upon the characteristics and implications of production functions homogeneous of degree one. Part II is devoted chiefly to the neoclassical theory of aggregate relative factor shares, the elasticity of substitution, and technological progress.
SKU Unavailable
ISBN 13 9780521076296
ISBN 10 0521076293
Title The Neoclassical Theory of Production and Distribution
Author C E Ferguson
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2008-08-28
Number of pages 404
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable